Travis Delly | UMe IDX

Travis Delly

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail	Assumable Loan Assumable · FHA	Assumable Loan + Second Assumable · FHA	Current Market Conventional New · Conventional
Loan amount	$390,118	$390,118	$620,910
Remaining term (yrs)	28.0	28.0	30.0
Secondary amount	$0	$230,792	$0
Funding fee	$0	$0	$0
Note rate	6.540%	6.540%	7.400%
Blended rate	7.090%	7.335%	7.640%
1st payment	$2,531.57	$2,531.57	$4,299.06
2nd payment	$0.00	$1,490.53	$0.00
Taxes / mo	$561.92	$561.92	$561.92
Insurance / mo	$166.67	$166.67	$166.67
MI / mo	$182.81	$182.81	$124.18
HOA / mo	$16.67	$16.67	$16.67
Total monthly	$3,459.63	$4,950.16	$5,168.49
Cash to close	$299,782	$68,990	$68,990